FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Hits New 52-Week High – Here’s Why

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $48.88 and last traded at $49.00, with a volume of 16024 shares trading hands. The stock had previously closed at $48.71.

FT Vest U.S. Equity Buffer ETF – October Trading Up 0.2%

The business’s fifty day moving average price is $48.81 and its 200 day moving average price is $47.46. The firm has a market capitalization of $943.87 million, a price-to-earnings ratio of 24.45 and a beta of 0.62.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – October

Several hedge funds and other institutional investors have recently made changes to their positions in FOCT. Royal Bank of Canada raised its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 1.6% during the 1st quarter. Royal Bank of Canada now owns 73,512 shares of the company’s stock worth $3,051,000 after buying an additional 1,151 shares in the last quarter. Jane Street Group LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – October during the first quarter worth $682,000. Janney Montgomery Scott LLC grew its holdings in FT Vest U.S. Equity Buffer ETF – October by 17.9% during the second quarter. Janney Montgomery Scott LLC now owns 48,987 shares of the company’s stock worth $2,193,000 after acquiring an additional 7,433 shares during the period. Beacon Financial Advisory LLC raised its position in FT Vest U.S. Equity Buffer ETF – October by 90.9% in the second quarter. Beacon Financial Advisory LLC now owns 10,500 shares of the company’s stock worth $470,000 after acquiring an additional 5,000 shares in the last quarter. Finally, MGO One Seven LLC lifted its holdings in FT Vest U.S. Equity Buffer ETF – October by 1.2% in the second quarter. MGO One Seven LLC now owns 79,486 shares of the company’s stock valued at $3,559,000 after acquiring an additional 979 shares during the period.

FT Vest U.S. Equity Buffer ETF – October Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – October (FOCT) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FOCT was launched on Oct 16, 2020 and is managed by First Trust.